FINANCIAL EXECUTIVE - MANUFACTURING
Financial executive with a solid history of providing significant contributions to cost improvement, strategic planning and alignment, management process development and implementation, and functional and operational efficiency improvement. In continually advancing financial, procurement and supply chain roles, consistently delivered significant contributions, substantial savings, numerous “best practice” implementations, and efficiency improvements. Areas of expertise include:
* Business Rationalization and Cost Reduction
* Financial Planning, Analysis, and Budgeting
* Strategic Cost Management
* Acquisition Analysis and Integration
* Team Building and Development
* Manufacturing and Supply Chain Operations
* Corporate Accounting and Reporting
* Strategic Sourcing and Supplier Rationalization
* IT System Implementation
* Commodity Hedging and Risk Management
PROFESSIONAL EXPERIENCE
PINNACLE FOODS CORPORATION, Mountain Lakes, NJ 2003 – Present
A $1.8 billion, venture capital, consumer products company, engaged in the manufacture and distribution of frozen dinners, baking mixes and icings, bagels, pizza, pickles, seafood, meats, and breakfast products.
Director of Finance, Fayetteville, Arkansas
Responsible for the manufacturing operation financial function with accountability for accounting and reporting, budgeting and forecasting, performance measurement, cost accounting, cost reduction and consolidation analysis, and Sarbanes-Oxley implementation and compliance. Accountable for a team of 7 plant controllers (and their staff of 33 people), and a $2.0 million operating budget.
* Led the analysis and planning to consolidate three operations saving $17 million annually.
* Integrated two acquisitions (5 plants) into the PFC financial processes and MRP II systems.
* Implemented comprehensive planning process incorporating an annual plan, interim forecasts, weekly scorecards, monthly operations reviews, and PIP program, saving $12 million from budget.
RICH PRODUCTS CORPORATION, Buffalo, NY 1988 – 2002
A $1.6 billion, privately held, multinational company, engaged in the manufacture and distribution of frozen bakery, topping, dessert, icing, Italian, seafood, cheese, and barbeque products.
Vice President, Procurement (1999 – 2002)
Responsible for purchasing function and commodity hedging program for the $1.2 billion Domestic Food Group, representing total spending of $600 million, with a budget of $5 million, and staff of 25 people.
* Implemented strategic sourcing process, achieving annual savings of $40 million.
* Implemented new organization design and processes to sustain savings and best practices.
* Targeted and developed strategic relationships with several key suppliers, providing competitive commodity costs, significant value-adds, and commodity risk management.
Director, Supply Chain Finance (1995 – 1999)
Responsible for supply chain financial function encompassing manufacturing, procurement and distribution operations with responsibility for a staff of 12 and a $2 million operating budget. Maintained functional oversight of all plant controllers and accountability for accounting and reporting, budgeting and forecasting, business plan development and measurement, cost accounting, and cost management.
* Led team that rationalized specialty business sector saving $13 million annually.
* Performed due diligence and integration support for several acquisition targets with annual sales ranging from $10 million to $120 million.
* Effected significant improvements in activity based costing: fixed/variable cost analysis, idle capacity cost analysis, capacity utilization, software enhancements, and improved cost driver application.
* Implemented plant scorecards and performance measurement reporting.
* Developed capital project post-audit process to document savings and key learnings.
Corporate Controller (1993 – 1995)
Responsible for corporate accounting and financial reporting, annual budgeting and forecasting, annual financial audit and report, financial planning and analysis, cost accounting, project analysis, international financial support and reporting, and accounts payable with a budget of $5 million and staff of 30.
* Reduced month-end closing by three days, year-end closing by 30 days.
* Reengineered year-end audit process reducing audit fees by 27% and report timing by 45 days.
* Developed and implemented activity based costing in manufacturing plants and warehouse facilities.
* Streamlined check disbursement using procurement card and new travel reimbursement process.
Director, Financial Planning and Analysis (1991 – 1993)
Responsible for corporate financial planning and analysis, project analysis, and annual budgeting process.
* Developed and implemented capital approval and reporting procedure.
* Formalized and improved the annual planning process reducing timeframe by 45 days.
* Expanded and improved budget process by incorporating procurement plan, capacity analysis, risk and opportunity analysis, annual and three-year capital plans, and mid-year forecast update.
* Led consolidation analysis for international production resulting in savings of $1.5 million.
Group Controller, Division Controller (1988 – 1991)
Responsible for accounting, financial reporting, budgeting, and information systems for five plants.
* Integrated three newly acquired manufacturing plants into financial, production and planning systems.
* Recruited and placed controllers in new facilities; provided systems and procedural training.
COLSO PRODUCTS, INC., Hilliard, OH (acquired by Rich Products Corp., 1988) 1983 – 1988
Vice President of Finance and Controller
Responsible for accounting and reporting, treasury operations, banking relationships, benefits and pension administration, information systems, audits, and cost accounting.
EAGLE-PICHER INDUSTRIES – BEARING DIVISION, Toledo, OH 1978 – 1983
Division Controller, Accounting Manager, General Accountant
EDUCATION
Master of Business Administration, University of Dayton, Dayton, OH, 1981
Bachelor of Arts, Accounting & Business Administration, Bluffton College, Bluffton, OH, 1978
Certified Management Accountant (CMA), Institute of Certified Management Accountants, 1986
Certified Purchasing Manager (C.P.M.), Institute of Supply Management, 2000 |
